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Archive - 3/27/2026 - Sign In to see current Signals. |
Best Buy Co., Inc. (BBY) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Best Buy Co., Inc. (BBY). During the week, the BBY climbed 0.18 points, or 0.29%, and closed at 62.98 on Friday, March 27, 2026. Weekly volume was 49% above average.
Long-term trend: [See BBY long-term trend chart] A long-term uptrend had started on April 9, 2025 at 54.99 and reached 84.99 on October 27, 2025. BBY gained -30.00 points, or -54.56%, in 28 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (101.32) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See BBY medium-term trend chart] A medium-term downtrend had started on October 30, 2025 at 84.67 and reached 59.88 on March 25, 2026. BBY lost 24.79 points, or 29.28%, in 20 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 58.25 and resistance is at 64.45. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See BBY weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since December 5, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See BBY short-term trend chart] A short-term downtrend had started on March 4, 2026 at 68.38 and reached 59.88 on March 25, 2026. BBY lost 8.50 points, or 12.43%, in 21 days. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (63.25). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.
Daily Technical Indicators: [See BBY daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since March 26, 2026. The distance between MACD and the signal line is low, but getting bigger. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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